| Show DECLARES A DIVIDEND surprise for rio grande western stockholders stockholder S I 1 PREFERRED OF PERC PERCENT GENT owing to tremendous outlays for B betterments it acao ats find and now new branches ran al men thought dividend would ho be passed this summer great showing for tile tho system and speaks well for Utah nebo branch of sanpete volley valley will ha b I 1 finished soon I 1 the rio grande western announces its quarterly dividend ot of II 11 per tent cent on the iho preferred stock in flew lew of the outlays for or equipment new branches and relocations this is 13 ro re mar kablor it 11 speaks almost as aj veil mell for utah as i for tho the local road railroad men generally have been memo ahat doubtful that the western bould pay a 0 dividend this summer 03 the iho company has haa never before had bad auch extensive and c bontly ork in hand ad at one time lime the new illaine cars ars alone have cost it ft pretty plant mini and with the freight land find passenger equipment new shape I 1 arid and truck material the he amount I 1 charged charf rod to equipment renew ala und and line improvements v ill III no lie doubt he bo ve very ry large in ili addition to this and far more important irala irais in a L financial vay may la is the money spent in this state during the ilic last lot three months this includes the sweeping changes at Spring springville ville and spanish fork canyon and the provo branch line to say nay nothing ot at other lines just started to declare a dl idena in the tac face of all these expenditures proves beyond a doubt that the I local ical cal load Is s on tho 11 crest of prosper itys mave tile tho denver deaver rio grande crande of colorado atao also announces it a quarterly dividend it la is 2 3 per cent on pres errea NEARLY COMPLETED Silla peto valleys nebo branch opens next month tho the mount nebo branch of tho the san pete valley railroad la Is nearing completion ion A fine piece of worle work has haa be been on done and the company Is in malting for material before it can call finish the tramway at the quarry duarry tho the line will be in operation early next month for the full nix mix arget ani a halt miles the company has been hampered in its mork by delay defray in receiving ties and bridge timbers other otherwise mirse the iho line would have been completed before now th track goes through a lovely canon full of 0 retain attractions and a line camping out place pine work at t tho be brownstone browny tone quarries Is progress progressing ivar and ill the c c company orp I 1 ally 10 be ready to ship building material by tho the time the road is operated |
